Skip to content
thestock.space

HBG Hotels (BSE: HBGHOTELS) had a P/E of 52.6× on 6 Nov 2026, above the industry P/E of 28.0×, and the shares are 53% below their 52-week high. Its ROCE of 0.7% is the lowest among the 7 largest Lodging peers, and sales and net profit grew 2.8% and 60% a year over 3 years. Its dividend yield is 0.4%, and debt is 1.09× equity. It is a small-cap company with a market cap of ₹164 Cr, ranked 35th of 54 Lodging companies by market cap; the shares fell 54% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹77.94
Day high
₹81.99
Day low
₹77.94
Prev. close
₹77.92
Volume
929

Health check

1 fair · 5 to check
  • ReturnsBehind

    −54.2% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 52.6 vs industry 28.0.

  • GrowthSteady

    Sales +2.8%, profit +59.6% a year over 3 years.

  • ProfitabilityWeak

    ROCE 0.7% vs peer median 16.2%.

  • Balance sheetStretched

    Debt 1.09× equity, interest covered 3.5×, Piotroski 2 of 9.

  • Red flags4 to check

    Return on equity is low at 0.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Lodging

53 listed peers. Screen the industry

Small cap

₹164 Cr, #35 of 54 in its industry by size.

Defensive

Beta 0.55 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹29 Cr · profit ₹3 Cr
Market cap
₹164 Cr
Small cap
P/E
52.6
Industry 28.0
Price to book
0.44
Peers 4.46
Dividend yield
0.38%
ROE
0.8%
Peers 16.5%
ROCE
0.7%
Peers 16.2%
Debt to equity
1.09
Debt ₹407 Cr
EPS (TTM)
₹1.52
OPM (TTM)
24.8%
Net margin 9.7%
Sales growth
+11.2%
Latest quarter vs a year ago
Profit growth
+16.0%
Latest quarter vs a year ago
Price to sales
5.71
EV/EBITDA 158.9

Strengths and risks

Risks to check

  • Return on equity is low at 0.8%.
  • P/E of 52.6 against an industry P/E of 28.0.
  • 53% below its 52-week high.
  • Interest coverage of only 2.4×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About HBG Hotels

HBG Hotels Limited owns and operates hotels and resorts in India. The company operates the Phoenix Island Resort located in Poovar, Kerala; the Phoenix Castle House located in Palolem, Goa; and the Park Inn by Radisson located in Candolim, Goa. The company was formerly known as Phoenix Township Limited and changed its name to HBG Hotels Limited in November 2025. The company was incorporated in 1993 and is headquartered in Mumbai, India.

Headquarters
Mumbai
Employees
157
Sector
Consumer Cyclical
ISIN
INE977M01024
Website
hbgindia.com

Price range

52 weeks

₹62.01₹171.70

Today

₹77.94₹81.99
Avg volume (3M)
14.9K
1-year return
minus 54.2%
From 52-week high
minus 53.4%

Peers · Lodging

Compare with peersScreen the whole industry
Company
INDHOTELIndian Hotels Co.888.00plus 1.49%1,26,40157.29.2717.4%16.5%32.9%18.6%27.6%0.37%plus 17.7%
THELEELALeela Palaces Hotels & Resorts692.30plus 0.37%23,12037.23.538.3%7.2%48.9%21.1%–0.00%plus 56.7%
EIHOTELEIH313.05plus 1.72%19,57727.53.7216.2%12.7%34.1%13.3%25.9%0.48%minus 22.9%
CHALETChalet Hotels810.70minus 1.52%17,75430.14.4616.6%19.1%44.1%34.9%52.1%0.25%minus 14.4%
VENTIVEVentive Hospitality540.55plus 1.53%12,62428.02.239.7%8.3%43.2%13.0%–0.00%minus 27.8%
LEMONTREELemon Tree Hotels117.39minus 0.12%9,29536.16.1613.5%17.8%47.5%16.3%25.6%0.00%minus 30.0%
ITDCIndia Tourism Development Corporation630.65minus 0.30%5,40965.612.8026.6%21.1%17.0%4.6%14.5%0.47%plus 3.2%
HBGHOTELSHBG Hotels79.95plus 2.61%16452.60.440.7%0.8%24.8%2.8%59.6%0.38%minus 54.2%
Median of 7 peers–0.37%17,75436.14.4616.2%16.5%43.2%16.3%25.9%0.25%−14.4%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
5.84.98.88.66.4
4.63.17.16.25.3
1.21.91.72.41.1
20.0%37.8%19.3%28.2%17.6%
000−0−0
0.40.40.40.30.3
0.50.40.40.60.5
0.31.10.91.50.3
21.4%19.1%13.9%17.1%21.2%
0.20.90.71.20.3
0.120.440.360.600.12

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+2.8%
Profit CAGR 3Y
+59.6%
EPS CAGR 3Y
+39.2%
ROE
0.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
25.827.528.628.1
–+6.3%+4.1%minus 1.8%
21.523.424.724.4
4.44.13.93.7
16.9%14.8%13.7%13.0%
0.30.40.71
1.51.51.61.5
2.221.81.9
019656.32.6
119757.53.8
31.5%0.4%2.5%24.8%
0.719656.12.8
–+28825.6%minus 71.4%minus 95.1%
0.50140.4530.261.35

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
21.721.726.228.2
2.7199324345
16.7234302362
7.97.65958.7
49462711794
45.9259448528
3.7243431511
11610.6
0.725.437.431.3
−2.3−66.2−211−286
49462711794

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2.325−61.3−33.1
−3.6−238−101−51.6
121519077.8
−0.31.828.1−7
−3.2−215−106−26.5
−0.9−190−167−59.6

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you